RBC Capital named United Technologies (UTX) the most likely multi-industry stock to attract interest from activists. The firm says that the company's recent underperformance, its steep sum-of-the-parts discount and its reluctance to hold talks with Honeywell (HON) on its acquisition proposal make it a good candidate for activist intervention. The firm also named United Technologies as the most likely multi-industry name to be acquired, saying that Honeywell could continue its pursuit of the company. However, RBC believes that a deal is "a long shot."
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